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Books suggested by members

Books be e-axes - May 2014

"House of Debt" by Atif Mian and Amir Sufi
Tue, 2014-05-06 20:10   -   (0) comments

“Mian and Sufi have produced some of the most important and compelling research on the impact of debt on consumer behavior during the recent housing bubble and bust. This excellent new book presents and expands this research in a rigorous, yet engaging and accessible way.”--Christina D. Romer, former chair of the Council of Economic Advisers 

"The Bubble Economy Is Sustainable Growth Possible?" by Robert U. Ayres
Thu, 2014-05-08 14:38   -   (0) comments

“This is a critical re-examination of the functioning of capitalism that integrates various important themes, such as financial markets, energy, and sustainable growth. The analysis of the financial crisis is nuanced and penetrating. The insights into the role of energy as a fundamental factor of economic growth will force all of us to re-think economic development and sustainability.”—Lan Xue,  Tsinghua University

"The Dynamics Of Economic Growth Policy Insights from Comparative Analyses in Asia" by Khuong Minh Vu
Fri, 2014-05-09 20:20   -   (0) comments

"There are many studies that attempt to explain the rapid rise of the economies of East and South Asia. Only a few of these studies base their analysis on a systematic quantitative comparison of the sources of growth in East and South Asia and none do so with more rigor than this work by Professor Vu Minh Khuong. The study is a major contribution to our understanding of these important economies’ performance."-- Dwight Perkins, Harvard University

"Beautiful Game Theory: How Soccer Can Help Economics" by Ignacio Palacios-Huerta
Thu, 2014-05-22 13:37   -   (0) comments

"This stimulating book shows that an understanding of economic ideas gives deep insights into soccer play, and that soccer provides important evidence to test various theories of economic behavior, such as efficient markets and social influences on behavior. You do not have to be a soccer fan to learn from and enjoy this engaging book."--Gary S. Becker, University of Chicago

"Why Nudge? The Politics of Libertarian Paternalism" by Cass R. Sunstein
Thu, 2014-05-22 14:00   -   (0) comments

Based on a series of pathbreaking lectures given at Yale University in 2012, this powerful, thought-provoking work by national best-selling author Cass R. Sunstein combines legal theory with behavioral economics to make a fresh argument about the legitimate scope of government, bearing on obesity, smoking, distracted driving, health care, food safety, and other highly volatile, high-profile public issues.

"Creating a Learning Society: A New Approach to Growth, Development, and Social Progress" by Joseph E. Stiglitz and Bruce C. Greenwald
Thu, 2014-05-22 14:43   -   (0) comments

"Profound and dazzling. In their new book Stiglitz and Greenwald study the human ability to learn and the wish to learn, and thereby uncover the processes that drive the production, dissemination, and use of knowledge. Their analysis provides the foundations of an understanding of the progress and regress of societies. This is social science at its best." -- Partha Dasgupta, University of Cambridge

"What Have We Learned? Macroeconomic Policy after the Crisis" edited by Edited by George Akerlof, Olivier Blanchard, David Romer and Joseph Stiglitz
Thu, 2014-05-22 15:19   -   (0) comments

The editors and contributors consider the lessons learned from the crisis and its aftermath. They discuss, among other things, post-crisis questions about the traditional policy focus on inflation; macroprudential tools (which focus on the stability of the entire financial system rather than of individual firms) and their effectiveness; fiscal stimulus, public debt, and fiscal consolidation; and exchange rate arrangements.

"Longer-term Consequences of the Great Recession on the Lives of Europeans" edited by Agar Brugiavini and Guglielmo Weber
Thu, 2014-05-22 15:39   -   (0) comments

This volume is the first to use innovative survey data on the lives of Europeans to investigate the long term impact of financial hardship on earnings, standards of living, and health. The data provide a detailed account of the key events that have taken place over the course of the recession.

"China’s Urbanization And The World Economy" by Fan Zhang
Thu, 2014-05-22 16:12   -   (0) comments

"This is an original reading by a Chinese economist on the grand topic of China’s urbanisation. Through gathering a vast amount of raw materials available in Chinese, the book deliberately maintains its indigenous flavour and introduces rich and timely information to the outside world, on topical issues such as household registration (hukou) reform, fairness of land acquisition, housing price control, forced demolition, urban poverty, traffic congestion and many other topics. The attempt to consider the implications for the world economy, especially on issues such as energy and material consumption, is extremely valuable and much needed.’ -- Fulong Wu, University College London

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